Ethics and governance
Good governance is an integral part of sustainable development. At Lafarge, governance is based on strong ethical principles.
Lafarge’s shared values |
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Lafarge's values are shared by all of our employees around the world. They are encapsulated in the Lafarge Way, which is founded on a set of fundamental values: integrity, commitment, courage and consideration for others.
The Lafarge Way is based on three guiding principles:
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Executive Committee meeting, January 23, 2006, Paris, France Governance
Governance is the set of rules (both legislative and internal) that determine the way a company conducts its business. Governance is designed to guarantee transparency, oversight and ethics in business.
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A code of business conduct |
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The code of business conduct sets certain standards of behavior for all employees and executives of Lafarge, as well as for suppliers of goods and services. The code is designed to build trust at all levels.
This code of conduct applies to all of Lafarge's relationships with:
A dedicated telephone line is available for employees to report any violations of this code. |
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Lafarge Cement WAPCO & Neighbouring Communities |
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Lafarge Cement WAPCO regards social responsibility as a way of life, a continuous exercise that must be sustained to maintain our excellent reputation and promote goodwill. With the Community Relations policy of maintaining relations with local communities and carrying out operations in such a way that local communities share in the benefit of the business, conscious efforts are being made on a continuous basis to intensify the company’s good deeds through various events and programmes aimed at not only fulfilling its responsibility to the society at large, but also at making its various stakeholders proud to be associated with the company. View all our past community projects (P.D.F - 141 Kb)
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As a result of these gestures of goodwill and peaceful disposition of its host communities, Lafarge Cement WAPCO was able to foster a conducive operating environment, which aided the Company’s performance. We are committed to ensuring outstanding relationship with our neighbouring communities even in the years ahead |
Preserving the environment |
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Quarry restoration started for Lafarge WAPCO's operations back in the 2000s. This commitment has developed over the years to encompass a broad range of initiatives to reduce the impact of its operations on the environment, preserve natural resources and reduce CO2 emissions.
Example include conversion of old quarries in Sagamu to Fish Pond ventures to assist the economic survival of the communities, Planting of trees to reclaim the land and Construction of drainage channel for free flow of water to stem any flooding in the communities.
This helps Lafarge WAPCO's operations to build sustainable growth by placing environmental commitments at the heart of day-to-day activities. Its operations provide skilled jobs and contributions to the local economy through empowerment, provision of Infrastructures, use of local sub-contractors and community partnerships.
CASE STUDY I As part of the sustainable efforts to engender positive impacts, for the quarry opening up for the expansion project, Lakatabu, some communities directly affected like Oke- Oko Sekoni, Oke- Oko Egabado and Olapeleke were rehabilitated while channel for free flow of water was also created to militate flooding.
CASE STUDY II In Sagamu, a major rehabilitation was carried out on the old quarry where mineral resources was taken with planting of trees to re-claim the land while other part of the quarries were converted to fish pond to serve as a commercial venture for source of living for the communities ten years ago.
In furtherance of its effort to align with group's ambition to reduce the emission level to the lowest minimum level, a major Tree Planting Campaign Plan was embarked upon in Ewekoro since 2007 to neutralize the effect of Carbon Monoxide and Carbon -dioxide on the environment. About 250 trees were planted in 2009 in different locations of the factory and the communities. As at present, about 450 trees have been planted and the effort still continues.
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Last update on 26/12/2011

